re: Ann: Cambay-77H Well 4 1/2 inch casing se...
hi chillam, just floating ideas, but lots of punters have been trapped. the big boys have them cornered and thus stop losses are triggered, possibly. I don't see negative well news as causing this. the herd bought in before TD and have sold post TD. reverse of what is normal, buy the rumour sell the news. but that's why they are sheeple. they have been spanked by the big boys. but why would the big boys want such large parcels on a down move. they know more than us as they maybe working for hmmm a buyer? like to see a change in ownership report. Who is the top 10 and who has dropped out of the top 10! and how much is on hold by brokers.?
OEX Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held